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AHA launches $75m 'Go Red For Women Fund' for Women's Health

By: GWL Team | Wednesday, 6 November 2024

As reported by Femtech Insider report, a $75m fund has been launched by American Heart Association (AHA), entitled as ‘Go Red For Women Fund’. Founded in 1924, AHA is a US cardiovascular health nonprofit that caters in the Wellness and Fitness Services industry with headquarters in Dallas, having specialities in cardiovascular disease, heart disease, stroke, Go Red For Women, Together To End Stroke, Power To End Stroke, Family Health Challenge, Heart Walk etc.

The fund shall target those startups that works for the treatments of heart disease, stroke, kidney and metabolic conditions, mental health and Alzheimer’s disease. Focusing mainly on US companies, the fund shall also put global opportunities into consideration, targeting series A and B investments, having an initial check size between $2m and $3m. The potential for total funding will be between $6m and $7m.

The company has also mentioned that the Fund had provided a funding of $40m and has received another $15m from a donor. AHA has created an investment unit in the year 2023 called as American Heart Association Ventures. However, this year in October, the firm has made an investment of $1m in MDisrupt which is an AI-powered health expert marketplace.